i'm topping up on ivr and ccu.
my next target for silver is low to mid $40.00's.
imo if and when silver runs to the low to mid $40.00's, if there are a significant number of short silver positions, it will come back to the mid to high $30.00's.
imo if there are not many short silver positions, it will run to more or less $50.00.
if and when silver runs to the low to mid $40.00's, if it stays there for half a week, it will signal a rise; if it only spikes for a few days, it will signal a return to the mid to high $30.00.
hopefully wall street whistle blowers, will stop the investment banks from shorting for a while at least.
i see the current price of $32.00 for silver as a floor.
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